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Silver Producer Index Retreats from Resistance

  • Posted on March 10, 2014
  • Jordan Roy-Byrne CMT, MFTA
  • Featured, Silver

The TDG Silver Producer index recently hit multi-month resistance and has since declined.

Weekly 1-year chart:

mar9silverproducers

Chart going back to the 2011 peak:

mar10silverstockslt

Analysis of these charts is available for premium subscribers in regular premium updates. Consider a premium subscription. 

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I’m Jordan Roy-Byrne, CMT, MFTA the editor and publisher of TheDailyGold.com and TheDailyGold Premium, our premium publication which emphasizes market timing and stock selection for precious metals investors. I’m a Chartered Market Technician and Master of Financial Technical Analysis. My Masters Thesis, which earned me the MFTA designation was published in the International Federation of Technical Analysis Journal. Currently, no other technical analyst covering precious metals possesses the MFTA designation. Read more ...

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